Bhagyanagar India Approves Re-appointment of Managing Director and Sets Dates for 41st Annual General Meeting

Bhagyanagar India Approves Re-appointment of Managing Director and Sets Dates for 41st Annual General Meeting​

Bhagyanagar India Ltd., a company certified with ISO-9001-2008, held a Board meeting on August 27, 2026, during which several key operational and managerial decisions were approved. The Board confirmed the dates for the upcoming Annual General Meeting (AGM) and approved the re-appointment of a senior executive to the post of Managing Director.

The Board formally approved the Notice for the 41st Annual General Meeting (AGM) of the company. The AGM is scheduled to be held on Wednesday, September 30, 2026, at 11:00 A.M. (IST). The company indicated that the notice, along with the Annual Report for the financial year 2025-26, will be circulated to all members in due course.

Key dates were fixed for the general body meeting. The cut-off date for members to determine their eligibility to vote on the resolutions was set as Wednesday, September 23, 2026. Furthermore, the Register of Members and Share Transfer Books will be closed for the 41st AGM from Thursday, September 24, 2026, through Wednesday, September 30, 2026.

Re-appointment of Devendra Surana​

The Board approved the re-appointment of Shri Devendra Surana (DIN:00077296) as the Managing Director of the company. Based on the recommendation of the Nomination and Remuneration Committee, Shri Surana will serve a further term of three years, effective from January 17, 2027, until January 16, 2030. The re-appointment is subject to the approval of the shareholders at the 41st AGM.

In addition to the leadership appointments, the Board approved the appointment of Mrs. Rakhi Agarwal, a Practicing Company Secretary, to serve as the Scrutinizer. Mrs. Agarwal will oversee both the remote e-voting process and the voting conducted at the 41st AGM to ensure a fair and transparent process.

Director Profile​

Shri Devendra Surana is profiled as a Mechanical Engineer and holds a Post Graduate Diploma in Management from Indian Institute of Management (IIM), Bangalore. He brings extensive experience to the company, having worked in the field of Ferrous and Non-Ferrous Metals and the Telecom Industry for over 43 years, with more than 23 years dedicated to Renewable Energy.

Shri Surana’s profile includes significant leadership roles within industry bodies. He is a past President of the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), holds a position in the Telangana State Council of FICCI, and is associated with the Rotary Club of Hyderabad Deccan. He is also the Founder President of the Young Entrepreneur Organization for the Hyderabad Chapter of Rotary Club of Hyderabad Deccan and currently holds a position on the National Executive Committee for FICCI.

A summary of the appointment details is provided below:

BHAGYANGR Stock Price Movement​

Shares of Bhagyanagar India Limited shed 0.84% in live trading as of 12:02 PM, with the stock currently at ₹381.50. The company has traded within a daily range spanning from ₹380.45 to ₹391.70, recording 20,354 shares through current market activity.